Royal Philips NV, the Dutch maker of health-care equipment, is looking at billion-dollar-plus acquisitions in the coming months following a spinoff of its lighting business.
Health-care informatics, combining technology and data to manage patient health, is a target market, Chief Executive Officer Frans van Houten said in an interview. A typical purchase might be similar to the company’s $1.2 billion takeover in 2014 of smart catheter-maker Volcano Corp., he said. Philips may also pursue smaller deals, he said.